Could a three-year rental freeze be coming to Dubai?

123 RF / gajus

Experts say a three-year rental freeze in Dubai will add confidence and stability to the emirate's property market.

The Dubai Land Department recently said it's considering the idea after the signing of a lease agreement between landlord and tenant.

Lewis Allsopp, CEO of Allsopp & Allsopp, explains.

He says authorities could be mulling a three-year rental freeze because Dubai could soon see an influx of new expats.

More from Local

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Afternoons with Helen Farmer

    1:00pm - 4:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!